• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
NewslettersThe Trust Factor

How Schneider Electric utilizes a shared corporate culture to keep its diverse leadership team on the same page

By
Eamon Barrett
Eamon Barrett
Down Arrow Button Icon
By
Eamon Barrett
Eamon Barrett
Down Arrow Button Icon
February 17, 2023, 2:54 PM ET
Schneider Electric's Executive Committee relies on a common corporate culture to guide working together.
Schneider Electric's Executive Committee relies on a common corporate culture to guide working together.Jeff Pachoud—AFP/Getty Images
Add Fortune on Google for similar content.

To many workers, the idea of “corporate culture” has become a platitude without any real value or meaning. Look to the legions of “quiet quitters” who feel that working harder to serve a “broader company purpose” is really just working harder to enrich shareholders without earning more themselves.

But, at an executive level, a corporate culture can be a vital unifying framework that allows senior management to trust in each other and rest assured that members of an executive team are all pursuing the same goals. 

“The function of Schneider’s Executive Committee is to come together as a team with a common purpose where we all have responsibilities but…there’s only one scoreboard, and we all have a common definition of winning,” says Aamir Paul, the president of Schneider Electric, North America, and a member of the multinational energy management firm’s executive committee.

Schneider Electric is a prime example of a company that has deployed a singular corporate culture to offset the diversity of its global team. Although Schneider is ostensibly a French company, headquartered in Reuil-Malmaison, outside Paris, the firm likes to say it operates a “multi hub” model where decision-making is split across four centers—Paris, Boston, Hong Kong, and Noida, India.

The company’s management team, the executive committee, is similarly scattered around the globe, with a CEO in France, a CHRO in China, a CIO in the U.S., and other executives dotted in between. 

So what’s the common purpose that Schneider’s executive committee has all subscribed to?

“We believe that to be sustainable is responsible. We believe that we need to dramatically reduce the carbon intensity in the world, and we need to do that in a way that doesn’t rob several billion people from improving their quality of life,” Paul says. “We believe that is our mission, but we believe achieving that mission will look different in India than it does in China, than it does in France, than it does in Canada, or in the U.S.”

Maintaining a shared goal while recognizing the different needs of the company’s disparate regions helps committee members duke out disagreements on resource management or which area should be prioritized over another. As Paul says, committee members try to debate the criteria for making a decision on a problem, rather than debating over the decision itself.

Schneider’s insistence on a shared goal has paid dividends. Corporate Knights, a media company focused on sustainability, has ranked Schneider among the top 100 most sustainable companies for the past 12 years—proving that the C-suite really is focused on that unifying mission.

But sharing a common goal isn’t enough. All business ultimately boils down to the strength of personal relationships, and those relationships are often built on shared experiences.

According to Paul, the 17 members of Schenider’s executive committee get together at least twice a year for team-building trips that help nurture the personal relationships gluing the C-suite together. Of course, those retreats were put on hold during the pandemic, and the committee was unable to assemble in its entirety until last fall. (They went to Rome. Some members gorged on art; others, gelato.)

Spending quality time together also helps committee members learn each other’s communication styles, which, again, helps settle disputes when they arise. 

“At our retreats, we debrief on key decisions we made during the year and discuss what we could do better in reaching those decisions—where did we slip into being passive-aggressive, or acquiescing, or not truly having constructive conflict,” Paul says. “We are able to collectively study ourselves, and that goes a long way toward helping you understand why people were taking the positions that they were taking at the time.”

Eamon Barrett
eamon.barrett@fortune.com

NEWS YOU CAN USE

The most in-demand skills right now are basically about being a good boss
The shifting fabric of the workforce—and the evolving nature of work life—has left companies scrambling for leaders who can effectively manage the increased expectations of new employees. According to LinkedIn, leadership and management are the top two skills employers are looking for in 2023, as companies look for more effective leaders to supervise the modern workforce. 

Bosses say coming into the office improves culture and productivity. A new study proves them wrong
Future Forum’s latest Pulse survey—a quarterly poll of 10,000 office workers—finds that corporate culture actually benefits from flexible work policies, rather than come-to-office mandates. According to the survey, flexible workers are 57% more likely to say their corporate culture has improved (since the policy was implemented) than workers who are required to be on-site. Even better news, the survey finds once again that remote work actually boosts productivity.

A tech CEO spent almost $600,000 on a Super Bowl ad to warn America about Tesla’s self-driving technology
Dan O’Dowd, a software billionaire, has become the most vocal opponent to Tesla’s full self-driving (FSD) features, which he says are a danger to pedestrians—particularly children. O’Dowd even spent $600,000 to secure a 30-second ad slot during the Super Bowl, which O’Dowd’s Dawn Project used to air a video calling for the ban of Tesla’s FSD. Some Tesla fans say they’ve debunked O’Dowd’s other videos, which claim to show Tesla cars crashing into child mannequins when utilizing FSD. But, as Fortune’s Christiaan Hetzner notes, FSD is certainly falling short of promises Musk made about the tech’s prowess.

A former Dow Chemical executive and an activist want corporations to better govern their political spending in the next election. Here’s how
“Transparency has proven central to good corporate governance,” Bruce F. Freed and Peter Molinaro write in an op-ed for Fortune, arguing that companies need to steel themselves against increased polarization. “Friends and adversaries alike can know what your company is doing and see your level of commitment. Customers, employees, and the public can see if your company’s political engagement is aligned with its values.”

TRUST EXERCISE

If you're a CEO leading a C-suite that's spread out across the globe (or even across the country), take a page out of Schneider Electric's book and plan a way you can all get together for some shared experiences and build those relationships that keep teams united.

Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Sign up here.

About the Author
By Eamon Barrett
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

Yang Zhilin, co-founder of Moonshot AI, in Beijing, China on March 25, 2026. (Photo: VCG/Getty Images)
NewslettersFortune Tech
What will the White House do about China’s new open weight AI models?
By Andrew NuscaJuly 21, 2026
1 hour ago
Forget ‘baby bonuses.’ Nobel Laureate Claudia Goldin says birth rates hinge on dependable fathers
NewslettersMPW Daily
Forget ‘baby bonuses.’ Nobel Laureate Claudia Goldin says birth rates hinge on dependable fathers
By Emma HinchliffeJuly 20, 2026
17 hours ago
Coinbase’s big Base mistake offers an important lesson for the crypto industry
NewslettersFortune Crypto
Coinbase’s big Base mistake offers an important lesson for the crypto industry
By Jeff John RobertsJuly 20, 2026
22 hours ago
Middle aged businesswoman talking during a meeting
NewslettersFortune Workplace Innovation
HR has a credibility problem—and it starts with not speaking the language of finance
By Kristin StollerJuly 20, 2026
22 hours ago
C-suite promotions now come with three or more jobs
C-SuiteNext to Lead
C-suite promotions now come with three or more jobs
By Ruth UmohJuly 20, 2026
23 hours ago
‘Harvest now, decrypt later’: Hackers are stealing data they can’t even read yet—banking on quantum computers to crack it later
NewslettersMarkets
‘Harvest now, decrypt later’: Hackers are stealing data they can’t even read yet—banking on quantum computers to crack it later
By Jim EdwardsJuly 20, 2026
1 day ago

Most Popular

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
17 hours ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
21 hours ago
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
3 days ago
Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’
Future of Work
Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’
By Sarah GlodekJuly 20, 2026
1 day ago
Current price of silver as of Monday, July 20, 2026
Personal Finance
Current price of silver as of Monday, July 20, 2026
By Joseph HostetlerJuly 20, 2026
1 day ago
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
Retail
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
By Sasha RogelbergJuly 20, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.